Mortgage Brokerage deals with hundreds of institutional and private lenders with unlimited funds, capable to fund the most difficult requests for people with job, credit, and other issues. Even if you are self employed, new to the country or first time home buyer, we have a solution for you. Rate and products, custom fitted to your needs and circumstances. FREE ADVISE!

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Wednesday, 7 March 2012

Mortgage refinence! What the Banks do not want you to Know!

The most common reasons to Refinance:

Renewal: Your mortgage amortization years are divided into 1-2-3-4-5 and even 10 years
term at a time, enabling your lender to adjust interest rate to current market
conditions and or simply reclaim the loan from you for various reasons, what
they do not even have to disclose to you. Make sure you are using a mortgage broker to shop the lenders for best rates and products along with the most
suitable term custom fitted to your needs and not of the lenders.

Lower rate: You should or have your broker time to time check the rates! Refinance only when your broker can provide you a calculation showing you save money for the long term
and or your needs have changed and need another product to adjust to changes.
Nothing wrong with to cross the floor to another lender to save money, it is
your money. Send us an email with: "I want my free entry" in the subject line. No obligations!

Need money: You will never find cheaper money than mortgage money. As it is secured with
the equity in your home you are able to borrow the funds needed against that
equity without excruciating qualification process. Your equity is the value between the appraised value and the existing
mortgage amount.

You might have reasons to refinance when you need money for
business, repair your credit, debt consolidation or simply you want to get your
hands on some cash. Investing for a higher rate than is cost you a HELOC is the
best way to go; you only pay interest on the portion what you are using
and as added value you make your mortgage payment interest portion tax deductible.

To ensure, you are making the right move, you to use an
experienced mortgage broker services, because you can make more damage than
good if you are not an expert. A good broker will provide you with a plan, help
you the precise execution of that plan and will be there for support and advise
all the way along.

About Me

I am a long term investor in Real Estate and PrivateMortgages for a double digit return. I am also a mortgage Broker at MortgagePRO
Ltd. helping people even with hard to approve files to get the best rate first
and second mortgage custom fitted to their own circumstances. I also offer
investors mortgage investment opportunities for an exceptional return, securing
them monthly income and retire early as these investments are RRSP eligible.
You do not have to be an expert, I will guide you. I also do credit counselling
and debt elimination therapy for people interested to get their financial well
being in order to eliminate stress.